ADA/USDT – 30M – SELL

The currency pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.

A descent down to the next support line at 0.796400000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.820500000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.820500000 – 0.806900000 – 0.801200000 – 0.796400000 – 0.789800000 – 0.775900000 — 56.973634816079 – 46.675858038938

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –